Analysis of AI's Impact on Employment: Job Creation and Displacement

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Desklib provides past papers and solved assignments for students. This report analyzes AI's impact on employment.
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The article has provided with discussions on Artificial intelligence and its future in different
sectors. The article has stated that developments in Artificial Intelligence is bound to reduce
employment in certain sectors and will cover man over machinery. It has been identified in the
article according to PWC that practices and application of Artificial Intelligence will develop
more effectively as compared to humans. It has also been stated in the article that the future more
promising than what is perceived. It will provide with more job opportunities and will support
for the development of new job roles and responsibilities. The developments in Artificial
Intelligence will create new jobs and will reduce the existing ones to a significant level. The
computers and its technologies will take over the current job profiles which will develop for
reduced employment (Business Insider, 2018). However, the aspect of Artificial Intelligence in
the systems will also develop new job roles that will be more evolving and developing. The
sectors that will be most benefitted from the development of Artificial Intelligence are
Education, Scientific, Technical work, Information, Communication, Accommodation, and Food
services. Involvement of increased Artificial Intelligence will provide with developed efficiency
and productivity of the organisation and the resources. Therefore the future of Artificial
Intelligence is brighter than it is perceived.
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References
Business Insider. (2018). Artificial intelligence will create as many jobs as it destroys,
according to a PwC analysis. [Online]. Business Insider. Available at:
https://www.businessinsider.in/Artificial-intelligence-will-create-as-many-jobs-as-it-
destroys-according-to-a-PwC-analysis/articleshow/65016746.cms. [Accessed:
21.02.2019].
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